Home / Knowledge / News / Textiles / CCEA to take decision on Jute packaging act
CCEA to take decision on Jute packaging act
03
Sep '09
The Cabinet Committee on Economic Affairs (CCEA) is expected to meet to take a decision on the proposed 25 percent reduction in the use of jute bags for sugar and food-grains packaging under Jute Packaging Materials Act (JPMA) of 1987.

The act stipulates 100 percent use of jute bags for the packaging of sugar and food-grains. The CCEA meeting would prove to be significant as it has drawn criticism from the jute industry of the country.

There has been a fall in the prices of raw jute and jute items on account of the unprecedented situation that has emerged due to the indecisiveness on the reduction proposal.

The sugar industry has refrained from procuring jute bags from July of this year, amid fears of dilution, even though the new jute crop had started arriving by then.

Raw jute witnessed a price fall from Rs. 28,500 per ton on August 1 to Rs. 20,500 per ton on August 26 of the ongoing year. Similarly, the prices of B Twill jute bags (665gms) went down from Rs. 42,000 per ton on August 1 to Rs. 39,500 per ton.

The Indian Jute Mills Association (IJMA) sought the reversal of the dilution of JPMA for the benefit of more than 4 million jute cultivators and about 2.5 million jute workers.

In a last ditch effort, IJMA had sought the intervention of Prime Minister Mr. Manmohan Singh earlier this month, after approaching three Union Cabinet Ministers - Mr. Sharad Pawar, Ms. Mamata Banerjee and Mr. Pranab Mukherjee.

The dilution of 25 percent in JPMA was made by the Standing Advisory Committee (SAC) presided by the Union Textiles Secretary.

The committee was of the view that for the year 2009-10, production of raw jute would be 90 lakh bales, which was not sufficient for the government procurement agencies to pack food-grains and sugar.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search